Investing
MakerDAO Community Votes to Hike DAI Rewards to 1%
Some 71% of voters favored hiking the DAI Savings Rate to 1%, the highest option offered in the voting.
MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in Bonds
The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn't fly.
First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg
The latest price moves in crypto markets in context for Nov. 25, 2022.
First Mover Americas: Binance.US to Bid for Voyager
The latest price moves in crypto markets in context for Nov. 24, 2022.
FTX Contagion Revives Dreaded 2022 Crypto Knell – the ‘Withdrawal Halt’
The downfall of the FTX exchange has caused a domino effect: a growing list of crypto firms, such as BlockFi and Genesis, halting withdrawals. CoinDesk counted 16 of these announcements just this year.
First Mover Americas: FTX’s First Hearing, Genesis Seeks Help
The latest price moves in crypto markets in context for Nov. 23, 2022.
Mango Exploiter's Funds Get Liquidated After Roiling Aave Using $20M of Borrowed Curve Tokens
A trader identified as Avraham Eisenberg, who became infamous for his “very profitable trading strategy” of exploiting $114 million from Mango Markets, borrowed tens of millions of Curve DAO tokens and sent them to an exchange – but his position appears to have gotten liquidated.
Crypto Exchange Coinbase's Shares Sink to All-Time Low
The U.S. crypto exchange went public in April 2021 in a high-profile listing, but shares have lost nearly 90% of their value over the past year, with the FTX contagion causing the latest leg down.
Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment
A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.
Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged
Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time.
